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<br />I
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<br />~'IORTGAGE
<br />(Nebraska )
<br />THIS INDENTURE, made this 6th
<br />84~' 00189
<br />s
<br />day of April , 19 $4
<br />between Gary Douglas Luhn and Neta Jane Luhn, husband and wife, ---------
<br />of the County of Hall and State of Nebraska, party of the first-.pact;"attd'
<br />the METROPOLITAN LIFE 1NtiURASCE COMPANY, a corporation of the Stateot New York, wtth--its
<br />principal office located at 1 1ladison Avenue, New York, N. Y., party of the second part,
<br />WITNESSETH: That the said party of the first part, in consideration of the sum of ------------
<br />-----------------------SIXTY FIVE THOUSAND----------_--------'-_ -----'I9oHar(t
<br />t$ 65,000.00 ). in hand paid. the receipt avhereof is hereby acknowledged, does hereby grant, bargain,
<br />sell, convey, and confirm to the said party of the second part and its assigns, the following-described Tealest9ts;
<br />in the Counts of Hall and State of Nebraska, [o wit:
<br />The Northeast Quarter of the Southeast Quarter Section 9 and a -tract of land=in
<br />the Southeast Quarter of the Northeast Quarter of Section 9 described as
<br />beginning at the Southeast corner of said Northeast Quarter, thence North along
<br />the East line of said Northeast Quarter, 330 feet, thence West parallel to the.
<br />South line of said Northeast Quarter, 528 feet, thence South parallel to the
<br />East line of said Northeast Quarter, 330 feet, to a point on the South line of
<br />said Northeast Quarter, thence East along the South line of said Northeast
<br />Quarter, 528 feet, to the point of beginning, ALL in Section 9, Township 10
<br />North, Range 11 West of [he Sixth Principal Meridian.
<br />The note secured hereby expressly provides that the holder thereof may at its
<br />option change or adjust the interest rates set forth therein.
<br />This mortgage is given to secure a deferred purchase money note, which
<br />represents funds advanced by mortgagee to pay for the balance of the purchase.
<br />price paid to the grantor for said land and is to be deemed given for the purchase
<br />price and the continuation of the original vendor's lien on said premises.
<br />Tate Note secured by this Mortgage is further secured by a Financing Statement and
<br />Security Agreement of even date herewith, covering personal property as
<br />described in said Financing Statement and Security Agreement.
<br />I[ is agreed that all irrigation pumps, electric motors, engines, pipes,
<br />sprinklers and all other irrigation equipment connected therewith now or
<br />hereafter placed or installed on said premises together with all water and
<br />watering rights of every kind and description shall be construed as affixed to
<br />and a part of the real estate hereinabove described and subject to all of the
<br />provisions of Chis Mortgage.
<br />TO HAVE AND TO HOLD the .nine, aa'ith the appurtenances thereto 1Klonging or in anywise apper-
<br />taimng, including any right u( homestead and carry ccnuingcut right ur r,tate therein, unto the ,aid party of the
<br />,ecotttl part, and (ts aastgn, fr+revrr, the mteution Ming to cuurea an ahsulute title in (ee to the _said premises.
<br />Md the said I,;trtc of the bra part bend+c cocruaut.~ that they are L+n f+aly :eired of the said premises and
<br />have good right to coin ev the same: that the ~a+d premiss are (err :uu1 clear of all incuudtranccs: ar+d that
<br />they- will warrant and defend the same against the 1<•tavhsl claims of atl i+rrson, a+homsvcvrr.
<br />PROVIDED, HOWEVER, That i( the saxi part- ai the first part +hatl pay, nr cause w br }~,tid, w the
<br />said party' of the second part, or ns assgns, the +uut u(
<br />SI1tTY FIVE THOUSAND-----^-------------°----Dollars.
<br />itt instalments, the final instalment due. Januarlr-.1, 20Il~s
<br />wteh ir2trsest tbeteott, m iawt`ul nwney of the l~nih•.i tit;+.tes, wuh azchat+}te <x+ th+• l Rs ~+i Xew 1-tn V.. as i:ud~
<br />shall be kcal t+indca' (or She }st}'nn~nt of ail ,~hts attd alur+. public zuxl pen ate. ,+t CI~e~ t+me, of pad mcnt, acwnhug
<br />to t$e fenai and ede~a of the I'rwnisµtrp Rote executed t+ti iin" -.tuft Lat'1} ~~i the nest part. i,+°xrutg eae•++ ,lair
<br />ttereK;th, atx! shall perform akI an=t sint;utar ki'x ci,aeh:irtta frrrrm .onta;uril ,than the r-t„ta herein Fr+ntrd xhal!
<br />ttY.z_vr, artd Flits 4l uriy}alr ahat(i lie,, sin se ;tnL~ and y~,.,o,l, at:~, ta~ r, {e a.,rd a+ t+K• e~a}K~t~_, •~~ the ..t„k }4i~t; „~ ~~:.
<br />h Y r2 },~,r[.
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